The 1997 Chevrolet Corvette marked the revolutionary debut of the C5 generation, a significant leap forward in design and engineering. Initially offered as a sleek two-door hatchback coupe, the C5 model series ran from 1997 to 2004. The 1997 model came in a single base trim, powered by the new LS1 V8 engine. With an original MSRP starting around $37,495, it stood out for its dramatic new hydroformed frame, rear-mounted transaxle, and improved handling, blending high performance with surprising comfort and an iconic American sports car appeal.
The Good
The 1997 Corvette offers exhilarating performance from its robust LS1 V8 and precise handling. Its sleek, modern design boasts timeless appeal for emotional buyers, while practical owners appreciate its surprising comfort for grand touring and relatively good fuel efficiency for a sports car. Overall, it delivers exceptional value, providing supercar-level thrills without the supercar price tag, making it a reliable and engaging choice.
The Bad
Known weaknesses for the 1997 Corvette include the infamous column lock issue, fuel gauge sending unit failures causing inaccurate readings, and potential Electronic Brake Control Module (EBCM) malfunctions. Owners should also watch for aging power window motors and headlamp gears, which are common points of failure, alongside typical interior plastic wear.
1997 Chevrolet Corvette: Quick Overview
- Engine Options: The 1997 Chevrolet Corvette featured a single, all-new engine option: the 5.7-liter (346 cu in) LS1 V8. This engine was a significant engineering advancement for Chevrolet, offering an aluminum block and heads, and a coil-on-plug ignition system.
- Horsepower: The LS1 V8 in the 1997 model produced 345 horsepower at 5,600 rpm and 350 lb-ft of torque at 4,400 rpm.
- Fuel Economy: Estimated fuel economy for the 1997 Corvette was approximately 18 MPG in the city and 28 MPG on the highway with the manual transmission. Automatic transmission models were slightly less efficient.
- 0-60 Times: The 1997 Corvette was capable of accelerating from 0 to 60 mph in a swift 4.7 to 5.0 seconds, depending on transmission and testing conditions. This placed it firmly in the realm of world-class sports cars.
- Towing Capacity: The 1997 Chevrolet Corvette is not rated for towing capacity, as it is a high-performance sports car and not designed for such utility.
- Trim-Level Features: In 1997, the Corvette was offered exclusively as a two-door hatchback coupe. Key standard features included:
- Leather seating surfaces
- Dual-zone automatic climate control
- Power windows, door locks, and heated outside mirrors
- Remote keyless entry system
- Cruise control
- AM/FM stereo with CD player
- Anti-lock Braking System (ABS) and Traction Control System (TCS)
- Tire Pressure Monitoring System (TPMS), a pioneering feature for its time
- Driver Information Center (DIC) providing vital vehicle data
- Four-speed automatic transmission (replacing the standard six-speed manual)
- Sport seats with adjustable lumbar and side bolsters
- Memory Package for driver's seat and mirror settings
- Delco-Bose premium sound system
- Performance axle ratio (G90)
- Power telescopic steering column
- Removable transparent roof panel (in addition to the standard painted panel)
- Magnetic Selective Ride Control (F45), offering adjustable suspension damping.
1997 Chevrolet Corvette Specifications
Vehicle Information
| Year | 1997 |
| Make | Chevrolet |
| Model | Corvette |
| Trim | - |
| Style | 2-Door Coupe |
| Type | Coupe |
| Category | Sports Car |
Manufacturing Details
| Made In | United States |
| Manufacturing City | BOWLING GREEN |
Dimensions
| Doors | 2-Door |
| Curb Weight | 1459.66 kg |
| Gross Vehicle Weight Rating | - |
| Overall Height | 121.16 cm |
| Overall Length | 456.44 cm |
| Overall Width | 186.94 cm |
| Wheelbase Length | 265.43 cm |
| Standard Seating | 2 |
Engine & Performance
| Engine | 5.7-L V-8 OHV 16V |
| Engine Size | 5.7L |
| Engine Cylinders | 8 |
| Transmission | 6-Speed Manual |
| Transmission Type | Manual |
| Transmission Speeds | 6-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $37,495 USD |
| Invoice Price | $32,808 USD |
| Delivery Charges | - |
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What Problems Does the 1997 Chevrolet Corvette Have?
The 1997 Chevrolet Corvette, while generally robust, has several frequently reported problems and long-term reliability concerns that prospective owners should be aware of. Perhaps the most notorious issue, particularly affecting early C5 models like the 1997, is the Steering Column Lock (SCL) failure. This electrical issue can prevent the steering wheel from unlocking and the engine from starting, often requiring multiple attempts or stranding the driver. Chevrolet issued recalls (NHTSA Campaign 04V060000 and 06V400000) for this, but even with dealer fixes, some owners experience recurring problems, leading many to install aftermarket bypass modules.
Another common complaint revolves around the Fuel Gauge Sending Unit. Over time, the resistors in the fuel tank's sending units can fail, leading to inaccurate or erratic fuel gauge readings, often showing an empty tank despite having fuel. This is a common C5-wide issue.
The Electronic Brake Control Module (EBCM) is another significant point of failure, especially in earlier C5s. When the EBCM fails, it can disable the ABS and Traction Control systems, illuminating warning lights. Replacements are extremely expensive, and rebuilding services are often sought.
Other frequently reported problems include Power Window Motor and Regulator failures, resulting in slow or inoperable windows, and stripped plastic gears in the Pop-Up Headlight Assemblies, causing headlights to stick. Interior plastics and leather can also show significant wear and tear over decades. Water leaks around the removable targa roof panel are also not uncommon.
While the LS1 engine itself is renowned for its durability, these electrical and mechanical quirks can lead to costly repairs if not addressed proactively. Long-term reliability is good for the drivetrain, but the vehicle's electrical system and accessory components require careful monitoring.
Another common complaint revolves around the Fuel Gauge Sending Unit. Over time, the resistors in the fuel tank's sending units can fail, leading to inaccurate or erratic fuel gauge readings, often showing an empty tank despite having fuel. This is a common C5-wide issue.
The Electronic Brake Control Module (EBCM) is another significant point of failure, especially in earlier C5s. When the EBCM fails, it can disable the ABS and Traction Control systems, illuminating warning lights. Replacements are extremely expensive, and rebuilding services are often sought.
Other frequently reported problems include Power Window Motor and Regulator failures, resulting in slow or inoperable windows, and stripped plastic gears in the Pop-Up Headlight Assemblies, causing headlights to stick. Interior plastics and leather can also show significant wear and tear over decades. Water leaks around the removable targa roof panel are also not uncommon.
While the LS1 engine itself is renowned for its durability, these electrical and mechanical quirks can lead to costly repairs if not addressed proactively. Long-term reliability is good for the drivetrain, but the vehicle's electrical system and accessory components require careful monitoring.
How long will the 1997 Chevrolet Corvette last?
Well-maintained 1997 Chevrolet Corvettes can comfortably achieve average mileage figures between 150,000 and 200,000 miles or more, with many examples still providing reliable service today. The robust LS1 V8 engine is a testament to long-term durability, often outliving many of the car's ancillary components. Its hydroformed aluminum frame also resists rust effectively, contributing to structural longevity.
However, long-term weaknesses primarily center around electrical components and wear items. The notorious column lock and EBCM failures can become persistent issues. Suspension components like shocks and bushings will eventually require replacement due to age and mileage. Interior plastics can become brittle and crack, and leather seats may show significant wear. Weatherstripping can also degrade, leading to leaks. Diligent maintenance, including fluid changes and addressing common C5-specific issues promptly, is crucial to maximizing its years of service and mitigating these age-related weaknesses.
However, long-term weaknesses primarily center around electrical components and wear items. The notorious column lock and EBCM failures can become persistent issues. Suspension components like shocks and bushings will eventually require replacement due to age and mileage. Interior plastics can become brittle and crack, and leather seats may show significant wear. Weatherstripping can also degrade, leading to leaks. Diligent maintenance, including fluid changes and addressing common C5-specific issues promptly, is crucial to maximizing its years of service and mitigating these age-related weaknesses.
What Technology & Safety Features are Included?
The 1997 Chevrolet Corvette, as the debut of the C5 generation, introduced a respectable array of built-in technology for its era, blending performance with modern conveniences.
Built-in Tech: Standard features included an On-Board Diagnostics II (OBD-II) system, crucial for engine management and emissions. The Driver Information Center (DIC) provided the driver with real-time data such as oil life, fuel range, and tire pressure, a pioneering feature. An optional, groundbreaking feature for its time was the Head-Up Display (HUD), which projected key information like speed and RPM directly onto the windshield, allowing drivers to keep their eyes on the road.
Entertainment: The standard entertainment system consisted of an AM/FM stereo with a CD player. For enhanced audio quality, an optional Bose premium sound system was available, delivering a more immersive listening experience.
Driver-Assistance: Standard driver-assistance features included a four-wheel Anti-lock Braking System (ABS) and a sophisticated Traction Control System (TCS). These systems worked in conjunction to enhance vehicle stability and control during spirited driving or adverse conditions. The more advanced Active Handling System (StabiliTrak) was introduced in 1998, so it was not available on the 1997 model.
Safety Features: The 1997 Corvette came equipped with dual front airbags for both driver and passenger. The strong, hydroformed frame and advanced chassis design also contributed significantly to passive safety. Remote keyless entry with an alarm system provided added security. As with many high-performance sports cars of its time, comprehensive crash-test ratings from agencies like NHTSA or IIHS are generally not available for the 1997 Corvette. These vehicles were not typically subjected to the same standardized testing as more common passenger cars. However, its robust construction and standard safety equipment provided a competitive level of protection for its class.
Built-in Tech: Standard features included an On-Board Diagnostics II (OBD-II) system, crucial for engine management and emissions. The Driver Information Center (DIC) provided the driver with real-time data such as oil life, fuel range, and tire pressure, a pioneering feature. An optional, groundbreaking feature for its time was the Head-Up Display (HUD), which projected key information like speed and RPM directly onto the windshield, allowing drivers to keep their eyes on the road.
Entertainment: The standard entertainment system consisted of an AM/FM stereo with a CD player. For enhanced audio quality, an optional Bose premium sound system was available, delivering a more immersive listening experience.
Driver-Assistance: Standard driver-assistance features included a four-wheel Anti-lock Braking System (ABS) and a sophisticated Traction Control System (TCS). These systems worked in conjunction to enhance vehicle stability and control during spirited driving or adverse conditions. The more advanced Active Handling System (StabiliTrak) was introduced in 1998, so it was not available on the 1997 model.
Safety Features: The 1997 Corvette came equipped with dual front airbags for both driver and passenger. The strong, hydroformed frame and advanced chassis design also contributed significantly to passive safety. Remote keyless entry with an alarm system provided added security. As with many high-performance sports cars of its time, comprehensive crash-test ratings from agencies like NHTSA or IIHS are generally not available for the 1997 Corvette. These vehicles were not typically subjected to the same standardized testing as more common passenger cars. However, its robust construction and standard safety equipment provided a competitive level of protection for its class.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
1997 Chevrolet Corvette Prices and Market Value
When new, the 1997 Chevrolet Corvette Coupe had a Manufacturers Suggested Retail Price (MSRP) of approximately $37,495. With desirable options, the price could easily climb into the low to mid-$40,000 range. Today, in the used market (approx. 2024), prices for a 1997 Corvette vary significantly, generally ranging from $12,000 for higher-mileage examples in good condition to over $25,000 for pristine, low-mileage cars, with an average often falling between $15,000 and $20,000.
Depreciation insights show that the C5 generation experienced typical rapid depreciation for a sports car in its early years. However, it has largely bottomed out and is now seen as a modern classic, with well-preserved examples sometimes appreciating in value. Factors affecting resale value include overall condition, mileage (lower is better), the presence of desirable options like the Head-Up Display (HUD) or a manual transmission, and a comprehensive service history. Tasteful modifications can sometimes help, but extensive or irreversible changes may negatively impact value.
Depreciation insights show that the C5 generation experienced typical rapid depreciation for a sports car in its early years. However, it has largely bottomed out and is now seen as a modern classic, with well-preserved examples sometimes appreciating in value. Factors affecting resale value include overall condition, mileage (lower is better), the presence of desirable options like the Head-Up Display (HUD) or a manual transmission, and a comprehensive service history. Tasteful modifications can sometimes help, but extensive or irreversible changes may negatively impact value.
1997 Chevrolet Corvette Cost of Ownership
Owning a 1997 Chevrolet Corvette involves a balanced cost profile. Insurance premiums can be higher than average due to its sports car classification, though often reasonable for mature drivers. Fuel costs are notable, as it requires premium gasoline, and its powerful V8 consumes fuel quickly during spirited driving. Routine maintenance, like oil changes and tire rotations, is comparable to other performance cars. However, repair costs can range from moderate to high, especially for known C5 issues such as EBCM or column lock failures, which may require specialist labor.
Overall, the 1997 Corvette is relatively economical to own for a performance vehicle of its caliber, particularly compared to European rivals. It's not a "cheap" car to run like an economy sedan, but with diligent preventative maintenance, it offers immense performance value without exorbitant long-term ownership costs.
Overall, the 1997 Corvette is relatively economical to own for a performance vehicle of its caliber, particularly compared to European rivals. It's not a "cheap" car to run like an economy sedan, but with diligent preventative maintenance, it offers immense performance value without exorbitant long-term ownership costs.
1997 Chevrolet Corvette Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
72.3 liters
City Mileage
7.23 km/l
Highway Mileage
10.63 km/l
1997 Chevrolet Corvette Safety Rating
NHTSA
IIHS
1997 Chevrolet Corvette Warranty
Basic
Original warranty
36 months / 36,000 miles
Estimated remaining
Expired
Powertrain
Original warranty
36 months / 36,000 miles
Estimated remaining
Expired
Rust
Original warranty
72 months / 100,000 miles
Estimated remaining
Expired
1997 Chevrolet Corvette Insurance
Insurance for a 1997 Chevrolet Corvette is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1997 Chevrolet Corvette Compare to Other Coupe?
The 1997 Chevrolet Corvette carved out a unique niche among its rivals, offering an exceptional blend of performance and value. Key competitors included the Porsche 911 (996 generation), Dodge Viper, Ford Mustang SVT Cobra, and BMW M3 (E36).
In terms of Performance, the C5 Corvette, with its 345hp LS1 V8, offered blistering straight-line speed (0-60 in under 5 seconds) and significantly improved handling over its predecessor. It could often outpace the base Porsche 996 Carrera in acceleration, though the 911 typically offered a more refined and precise driving experience with superior feedback. The Dodge Viper was significantly more powerful and raw, but also less refined and considerably more expensive. The Mustang SVT Cobra offered strong straight-line performance for less money but generally lagged in handling refinement and overall sophistication. The BMW M3, while excellent in handling and balance, offered a different, inline-six experience.
Features-wise, the Corvette provided a solid package with an optional Head-Up Display (HUD) and dual-zone climate control, which were advanced for the era. However, European rivals like the Porsche 911 and BMW M3 often boasted a higher level of interior luxury, materials, and overall refinement. The Viper was notably more spartan.
Reliability for the LS1 engine is generally excellent and long-lived. However, the C5 Corvette does have its specific quirks, such as the column lock and EBCM issues, which can be costly. Porsche and BMW, while known for engineering, can also present expensive maintenance and repair bills. The Viper's simplicity sometimes translated to fewer complex failures.
When it came to Price, the Corvette was the undisputed champion of performance per dollar, both new and on the used market. It was significantly more affordable than the 911 and Viper, while offering competitive performance. It was generally priced above a Mustang Cobra but offered a more sophisticated package.
Alternatives: For similar performance and value, a later C5 Corvette (1998-2004) or an early C6 (2005+) are direct upgrades. If a more refined, luxurious experience is desired and budget allows, a Porsche 911 (996) or BMW M3 (E46) are excellent, albeit more expensive, choices. For sheer, unadulterated power and an even more raw experience, the Dodge Viper is an option if budget and practicality are secondary concerns. The 1997 C5 Corvette stands as a fantastic value for an iconic American sports car, balancing thrilling performance with surprising comfort and relative affordability.
In terms of Performance, the C5 Corvette, with its 345hp LS1 V8, offered blistering straight-line speed (0-60 in under 5 seconds) and significantly improved handling over its predecessor. It could often outpace the base Porsche 996 Carrera in acceleration, though the 911 typically offered a more refined and precise driving experience with superior feedback. The Dodge Viper was significantly more powerful and raw, but also less refined and considerably more expensive. The Mustang SVT Cobra offered strong straight-line performance for less money but generally lagged in handling refinement and overall sophistication. The BMW M3, while excellent in handling and balance, offered a different, inline-six experience.
Features-wise, the Corvette provided a solid package with an optional Head-Up Display (HUD) and dual-zone climate control, which were advanced for the era. However, European rivals like the Porsche 911 and BMW M3 often boasted a higher level of interior luxury, materials, and overall refinement. The Viper was notably more spartan.
Reliability for the LS1 engine is generally excellent and long-lived. However, the C5 Corvette does have its specific quirks, such as the column lock and EBCM issues, which can be costly. Porsche and BMW, while known for engineering, can also present expensive maintenance and repair bills. The Viper's simplicity sometimes translated to fewer complex failures.
When it came to Price, the Corvette was the undisputed champion of performance per dollar, both new and on the used market. It was significantly more affordable than the 911 and Viper, while offering competitive performance. It was generally priced above a Mustang Cobra but offered a more sophisticated package.
Alternatives: For similar performance and value, a later C5 Corvette (1998-2004) or an early C6 (2005+) are direct upgrades. If a more refined, luxurious experience is desired and budget allows, a Porsche 911 (996) or BMW M3 (E46) are excellent, albeit more expensive, choices. For sheer, unadulterated power and an even more raw experience, the Dodge Viper is an option if budget and practicality are secondary concerns. The 1997 C5 Corvette stands as a fantastic value for an iconic American sports car, balancing thrilling performance with surprising comfort and relative affordability.
Final Verdict: Is the 1997 Chevrolet Corvette a Good Coupe?
The 1997 Chevrolet Corvette is an ideal vehicle for performance enthusiasts seeking an iconic American sports car that delivers serious thrills without an exorbitant price tag. It's perfect for drivers who appreciate a compelling blend of raw power, surprisingly capable handling, and enough comfort for long-distance grand touring.
It is absolutely worth buying, especially as a used vehicle today. The 1997 model represents the groundbreaking debut of the C5 generation, offering modern dynamics and styling for what has become a classic car price. When considering a purchase, a thorough pre-purchase inspection (PPI) is critical to uncover potential issues, particularly the notorious column lock, EBCM, and fuel sending unit problems. Look for examples with comprehensive maintenance records and consider a manual transmission for a more engaging driving experience, as the 1997 was only offered as a coupe. With diligent maintenance and awareness of its common quirks, the 1997 C5 Corvette offers an immensely rewarding and relatively affordable entry into the world of high-performance sports cars.
It is absolutely worth buying, especially as a used vehicle today. The 1997 model represents the groundbreaking debut of the C5 generation, offering modern dynamics and styling for what has become a classic car price. When considering a purchase, a thorough pre-purchase inspection (PPI) is critical to uncover potential issues, particularly the notorious column lock, EBCM, and fuel sending unit problems. Look for examples with comprehensive maintenance records and consider a manual transmission for a more engaging driving experience, as the 1997 was only offered as a coupe. With diligent maintenance and awareness of its common quirks, the 1997 C5 Corvette offers an immensely rewarding and relatively affordable entry into the world of high-performance sports cars.
Cathleen V
Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.